A Quote by Sam Walton

Swim upstream. Go the other way. Ignore the conventional wisdom. If everybody else is doing it one way, there's a good chance you can find your niche by going in exactly the opposite direction. But be prepared for a lot of folks to wave you down and tell you you're headed the wrong way. I guess in all my years, what I heard more often than anything was: a town of less than 50,000 population cannot support a discount store for very long.
Ignore the conventional wisdom. If everybody else is doing it one way, there’s a good chance you can find your niche by going in exactly the opposite direction.
I guess in all my years, what I heard more than anything else was: a mere town cannot support a discount store for very long.
If everybody is doing it one way, there's a good chance you can find your niche by going exactly in the opposite direction.
Swim upstream. Go the other way. Ignore the conventional wisdom.
I know one thing for certain; it is much harder to tell whether you are lost than whether you were lost, for, on many occasions, where you are going is exactly where you are. On the other hand, if you often find that where you've been is not at all where you should have gone, and, since it's much more difficult to find your way back from someplace you've never left, I suggest you go there immediately and then decide.
You must buy on the way down. There is far more volume on the way down than on the way back up, and far less competition among buyers. It is almost always better to be too early than too late, but you must be prepared for price markdowns on what you buy.
I grew up in the spoken-word community. Before everybody had a home studio, or before we could get booked for shows, open mics were the only way to be heard by other people. It really gave me a chance to develop as a performer. Reading a piece of poetry with no beat in front of 20 people is way more challenging than rocking for 10,000 people.
One, which I mention several times elsewhere, is the need for patience if big profits are to be made from investment. Put another way, it is often easier to tell what will happen to the price of a stock than how much time will elapse before it happens. The other is the inherently deceptive nature of the stock market. Doing what everybody else is doing at the moment, and therefore what you have an almost irresistible urge to do, is often the wrong thing to do at all.
Gold is a way of going long on fear, and it has been a pretty good way of going long on fear from time to time. But you really have to hope people become more afraid in a year or two years than they are now. And if they become more afraid you make money, if they become less afraid you lose money, but the gold itself doesn’t produce anything.
For man to go from less than 1% haves to 40%, living at high standard - despite decreasing resources - cannot be explained by anything other than by doing more than less.
Rather than becoming more relaxed, you start pulling down the shades and locking the door. When you do go out, you find the experience more and more unsettling and disagreeable. You become touchier, more fearful, more irritable than ever. The more you try to get it your way, the less you feel at home.
There's a right way of doing things and a wrong way. If you've made up your mind to be different from everybody else, I don't suppose I can stop you, but I really don't think it's very considerate.
In very big companies, you find less entrepreneurialism than you really want to see. Success is defined as 'don't make a mistake.' And you get to be the C.E.O. by outlasting everybody else, then you're there for five or six years, and you want to get your bonus on the way out.
No matter what I tend to be doing, generally people always think I'm crazy, first of all, because I'm always talking about things in the future that haven't happened yet, and people have a hard time believing what's gonna happen. Secondly, I'm almost always a contrarian, whatever direction everybody else is going in, I'm probably figuring out a way to go in a completely opposite direction.
You just have to be prepared because in the Premier League, you are not always going to have more than once chance to score. When it comes your way, you have to be ready to take that chance. If you're not calm, you know it might not come again.
If everybody else your age is doing something very different than what you're doing, there's always going to be someone saying to you you might not succeed with it, you might not make any money with that... there's always going to be some type of obstacle in the way. All of those things will go away if you really focus on what makes you happy.
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